Lou Jiwei says the US and China are heading towards a financial war. Photo: Simon Song
China-US rivalry on brink of becoming a ‘financial war’, former minister says
- Conflict will be characterised by Washington’s use of ‘long-arm jurisdiction’, such as blocking firms like Huawei and ZTE, Lou Jiwei tells forum in Beijing
- US has been ‘hijacked by nationalism and populism’ and is resorting to ‘bullying’, he says
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US-China trade war
Lou Jiwei says the US and China are heading towards a financial war. Photo: Simon Song